upperbay limited
upperbay limited Company Information
Company Number
03817280
Website
www.parkdeanholidays.co.ukRegistered Address
2nd floor one gosforth park way, gosforth business park, newcastle upon tyne, NE12 8ET
Industry
Camping grounds, recreational vehicle parks and trailer parks
Telephone
03301234850
Next Accounts Due
September 2024
Group Structure
View All
Shareholders
pd parks limited 100%
upperbay limited Estimated Valuation
Pomanda estimates the enterprise value of UPPERBAY LIMITED at £75.6m based on a Turnover of £38.4m and 1.97x industry multiple (adjusted for size and gross margin).
upperbay limited Estimated Valuation
Pomanda estimates the enterprise value of UPPERBAY LIMITED at £22.6m based on an EBITDA of £2.9m and a 7.91x industry multiple (adjusted for size and gross margin).
upperbay limited Estimated Valuation
Pomanda estimates the enterprise value of UPPERBAY LIMITED at £123.4m based on Net Assets of £65.6m and 1.88x industry multiple (adjusted for liquidity).
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Upperbay Limited Overview
Upperbay Limited is a live company located in newcastle upon tyne, NE12 8ET with a Companies House number of 03817280. It operates in the recreational vehicle parks, trailer parks and camping grounds sector, SIC Code 55300. Founded in July 1999, it's largest shareholder is pd parks limited with a 100% stake. Upperbay Limited is a mature, large sized company, Pomanda has estimated its turnover at £38.4m with healthy growth in recent years.
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Upperbay Limited Health Check
Pomanda's financial health check has awarded Upperbay Limited a 4.5 rating. We use a traffic light system to show it exceeds the industry average on 5 measures and has 3 areas for improvement. Company Health Check FAQs
5 Strong
4 Regular
3 Weak
Size
annual sales of £38.4m, make it larger than the average company (£8.1m)
£38.4m - Upperbay Limited
£8.1m - Industry AVG
Growth
3 year (CAGR) sales growth of 6%, show it is growing at a slower rate (8.6%)
6% - Upperbay Limited
8.6% - Industry AVG
Production
with a gross margin of 73.3%, this company has a comparable cost of product (67.5%)
73.3% - Upperbay Limited
67.5% - Industry AVG
Profitability
an operating margin of 1.4% make it less profitable than the average company (18%)
1.4% - Upperbay Limited
18% - Industry AVG
Employees
with 403 employees, this is above the industry average (68)
403 - Upperbay Limited
68 - Industry AVG
Pay Structure
on an average salary of £19.8k, the company has an equivalent pay structure (£20.8k)
£19.8k - Upperbay Limited
£20.8k - Industry AVG
Efficiency
resulting in sales per employee of £95.4k, this is equally as efficient (£101.5k)
£95.4k - Upperbay Limited
£101.5k - Industry AVG
Debtor Days
it gets paid by customers after 19 days, this is near the average (18 days)
19 days - Upperbay Limited
18 days - Industry AVG
Creditor Days
its suppliers are paid after 257 days, this is slower than average (86 days)
257 days - Upperbay Limited
86 days - Industry AVG
Stock Days
it holds stock equivalent to 46 days, this is less than average (77 days)
46 days - Upperbay Limited
77 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (9 weeks)
0 weeks - Upperbay Limited
9 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 38.4%, this is a lower level of debt than the average (49.2%)
38.4% - Upperbay Limited
49.2% - Industry AVG
upperbay limited Credit Report and Business Information
Upperbay Limited Competitor Analysis
Perform a competitor analysis for upperbay limited by selecting its closest rivals and benchmarking them against 12 key performance metrics.
upperbay limited Ownership
UPPERBAY LIMITED group structure
Upperbay Limited has 1 subsidiary company.
Ultimate parent company
RICHMOND HOLDINGS (JERSEY) LTD
#0041734
2 parents
UPPERBAY LIMITED
03817280
1 subsidiary
upperbay limited directors
Upperbay Limited currently has 2 directors. The longest serving directors include Mr Stephen Richards (May 2019) and Mr Kirk Davis (Mar 2024).
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Stephen Richards | England | 56 years | May 2019 | - | Director |
| Mr Kirk Davis | 52 years | Mar 2024 | - | Director |
UPPERBAY LIMITED financials
Upperbay Limited's latest turnover from December 2022 is £38.4 million and the company has net assets of £65.6 million. According to their latest financial statements, Upperbay Limited has 403 employees and maintains cash reserves of £221 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Jan 2015 | Jan 2014 | Jan 2013 | Jan 2012 | Jan 2011 | Jan 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Turnover | 38,432,000 | 37,363,000 | 19,061,000 | 32,039,000 | 30,434,000 | 30,248,000 | 29,142,000 | 27,376,000 | 27,945,000 | 25,319,000 | 23,683,000 | 21,039,000 | 21,003,000 | 19,696,000 |
| Other Income Or Grants | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cost Of Sales | 10,255,000 | 10,427,000 | 5,702,000 | 8,743,000 | 8,003,000 | 8,065,000 | 7,351,000 | 7,901,000 | 9,015,000 | 7,963,000 | 7,188,000 | 6,436,000 | 6,390,000 | 5,971,000 |
| Gross Profit | 28,177,000 | 26,936,000 | 13,359,000 | 23,296,000 | 22,431,000 | 22,183,000 | 21,791,000 | 19,475,000 | 18,930,000 | 17,356,000 | 16,495,000 | 14,603,000 | 14,613,000 | 13,725,000 |
| Admin Expenses | 27,654,000 | 17,970,000 | 13,667,000 | 19,858,000 | 19,247,000 | 16,784,000 | 19,937,000 | 18,284,000 | 14,849,000 | 14,389,000 | 12,789,000 | 12,001,000 | 11,878,000 | 8,141,000 |
| Operating Profit | 523,000 | 8,966,000 | -308,000 | 3,438,000 | 3,184,000 | 5,399,000 | 1,854,000 | 1,191,000 | 4,081,000 | 2,967,000 | 3,706,000 | 2,602,000 | 2,735,000 | 5,584,000 |
| Interest Payable | 49,000 | 46,000 | 76,000 | 74,000 | 77,000 | 246,000 | 235,000 | 217,000 | 170,000 | 57,000 | 37,000 | 0 | 0 | 0 |
| Interest Receivable | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Pre-Tax Profit | 474,000 | 8,920,000 | -384,000 | 3,364,000 | 3,107,000 | 5,153,000 | 1,619,000 | 974,000 | 3,911,000 | 2,910,000 | 3,669,000 | 2,602,000 | 2,735,000 | 5,584,000 |
| Tax | -389,000 | 10,000 | 201,000 | -330,000 | 5,000 | -16,000 | 74,000 | -289,000 | -888,000 | -752,000 | -914,000 | -810,000 | -863,000 | -1,273,000 |
| Profit After Tax | 85,000 | 8,930,000 | -183,000 | 3,034,000 | 3,112,000 | 5,137,000 | 1,693,000 | 685,000 | 3,023,000 | 2,158,000 | 2,755,000 | 1,792,000 | 1,872,000 | 4,311,000 |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 22,287,000 | 0 | 0 | 0 | 0 | 0 | 0 |
| Retained Profit | 85,000 | 8,930,000 | -183,000 | 3,034,000 | 3,112,000 | 5,137,000 | 1,693,000 | -21,602,000 | 3,023,000 | 2,158,000 | 2,755,000 | 1,792,000 | 1,872,000 | 4,311,000 |
| Employee Costs | 7,990,000 | 7,136,000 | 5,819,000 | 6,706,000 | 6,260,000 | 5,892,000 | 5,242,000 | 4,507,000 | 4,474,000 | 4,084,000 | 3,898,000 | 3,418,000 | 3,413,000 | 3,557,000 |
| Number Of Employees | 403 | 319 | 273 | 321 | 313 | 304 | 294 | 296 | 298 | 260 | 253 | 232 | 221 | 238 |
| EBITDA* | 2,855,000 | 10,412,000 | 802,000 | 4,692,000 | 4,269,000 | 6,375,000 | 2,954,000 | 2,274,000 | 5,310,000 | 3,846,000 | 4,766,000 | 3,795,000 | 3,566,000 | 6,368,000 |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Jan 2015 | Jan 2014 | Jan 2013 | Jan 2012 | Jan 2011 | Jan 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Tangible Assets | 12,023,000 | 8,208,000 | 4,644,000 | 4,447,000 | 4,374,000 | 3,980,000 | 3,382,000 | 3,706,000 | 4,043,000 | 4,676,000 | 4,576,000 | 4,542,000 | 4,646,000 | 4,424,000 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 12,214,000 | 12,214,000 | 0 | 0 | 0 | 0 |
| Investments & Other | 12,214,000 | 12,317,000 | 12,281,000 | 12,214,000 | 12,406,000 | 12,214,000 | 12,214,000 | 12,214,000 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Fixed Assets | 24,237,000 | 20,525,000 | 16,925,000 | 16,661,000 | 16,780,000 | 16,194,000 | 15,596,000 | 15,920,000 | 16,257,000 | 16,890,000 | 4,576,000 | 4,542,000 | 4,646,000 | 4,424,000 |
| Stock & work in progress | 1,309,000 | 1,639,000 | 1,056,000 | 1,259,000 | 1,465,000 | 1,601,000 | 1,039,000 | 1,156,000 | 1,019,000 | 710,000 | 843,000 | 879,000 | 862,000 | 873,000 |
| Trade Debtors | 2,037,000 | 1,540,000 | 1,345,000 | 2,619,000 | 2,617,000 | 2,418,000 | 2,551,000 | 2,215,000 | 1,706,000 | 1,710,000 | 2,093,000 | 1,670,000 | 1,471,000 | 1,572,000 |
| Group Debtors | 78,155,000 | 81,718,000 | 73,181,000 | 74,613,000 | 65,829,000 | 61,668,000 | 54,875,000 | 44,762,000 | 92,668,000 | 82,401,000 | 76,470,000 | 69,897,000 | 65,589,000 | 62,532,000 |
| Misc Debtors | 442,000 | 53,000 | 373,000 | 636,000 | 586,000 | 806,000 | 430,000 | 336,000 | 318,000 | 370,000 | 318,000 | 298,000 | 323,000 | 484,000 |
| Cash | 221,000 | 2,000 | 2,000 | 52,000 | 92,000 | 100,000 | 119,000 | 87,000 | 19,000 | 9,000 | 18,000 | 46,000 | 33,000 | 42,000 |
| misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total current assets | 82,164,000 | 84,952,000 | 75,957,000 | 79,179,000 | 70,589,000 | 66,593,000 | 59,014,000 | 48,556,000 | 95,730,000 | 85,200,000 | 79,742,000 | 72,790,000 | 68,278,000 | 65,503,000 |
| total assets | 106,401,000 | 105,477,000 | 92,882,000 | 95,840,000 | 87,369,000 | 82,787,000 | 74,610,000 | 64,476,000 | 111,987,000 | 102,090,000 | 84,318,000 | 77,332,000 | 72,924,000 | 69,927,000 |
| Bank overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Trade Creditors | 7,233,000 | 6,061,000 | 5,209,000 | 5,810,000 | 444,000 | 869,000 | 444,000 | 397,000 | 586,000 | 646,000 | 542,000 | 428,000 | 322,000 | 393,000 |
| Group/Directors Accounts | 30,341,000 | 29,060,000 | 27,057,000 | 27,088,000 | 22,691,000 | 21,336,000 | 19,588,000 | 10,783,000 | 58,715,000 | 52,615,000 | 49,839,000 | 47,260,000 | 44,614,000 | 44,071,000 |
| other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 95,000 | 651,000 | 1,087,000 | 908,000 | 888,000 | 745,000 | 697,000 | 86,000 | 1,000 | 0 | 0 | 0 | 0 | 0 |
| other current liabilities | 2,745,000 | 2,472,000 | 628,000 | 2,493,000 | 7,223,000 | 6,430,000 | 5,877,000 | 6,297,000 | 4,985,000 | 4,916,000 | 4,939,000 | 4,334,000 | 4,534,000 | 3,881,000 |
| total current liabilities | 40,414,000 | 38,244,000 | 33,981,000 | 36,299,000 | 31,246,000 | 29,380,000 | 26,606,000 | 17,563,000 | 64,287,000 | 58,177,000 | 55,320,000 | 52,022,000 | 49,470,000 | 48,345,000 |
| loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| hp & lease commitments | 90,000 | 1,732,000 | 2,331,000 | 2,654,000 | 2,387,000 | 2,783,000 | 2,517,000 | 3,119,000 | 2,304,000 | 1,540,000 | 997,000 | 64,000 | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| provisions | 311,000 | 0 | 0 | 134,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| total long term liabilities | 401,000 | 1,732,000 | 2,331,000 | 2,788,000 | 2,387,000 | 2,783,000 | 2,517,000 | 3,119,000 | 2,304,000 | 1,540,000 | 997,000 | 64,000 | 0 | 0 |
| total liabilities | 40,815,000 | 39,976,000 | 36,312,000 | 39,087,000 | 33,633,000 | 32,163,000 | 29,123,000 | 20,682,000 | 66,591,000 | 59,717,000 | 56,317,000 | 52,086,000 | 49,470,000 | 48,345,000 |
| net assets | 65,586,000 | 65,501,000 | 56,570,000 | 56,753,000 | 53,736,000 | 50,624,000 | 45,487,000 | 43,794,000 | 45,396,000 | 42,373,000 | 28,001,000 | 25,246,000 | 23,454,000 | 21,582,000 |
| total shareholders funds | 65,586,000 | 65,501,000 | 56,570,000 | 56,753,000 | 53,736,000 | 50,624,000 | 45,487,000 | 43,794,000 | 45,396,000 | 42,373,000 | 28,001,000 | 25,246,000 | 23,454,000 | 21,582,000 |
| Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Jan 2015 | Jan 2014 | Jan 2013 | Jan 2012 | Jan 2011 | Jan 2010 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||||||
| Operating Profit | 523,000 | 8,966,000 | -308,000 | 3,438,000 | 3,184,000 | 5,399,000 | 1,854,000 | 1,191,000 | 4,081,000 | 2,967,000 | 3,706,000 | 2,602,000 | 2,735,000 | 5,584,000 |
| Depreciation | 2,332,000 | 1,446,000 | 1,110,000 | 1,254,000 | 1,085,000 | 976,000 | 1,100,000 | 1,083,000 | 1,229,000 | 879,000 | 1,060,000 | 1,193,000 | 831,000 | 784,000 |
| Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Tax | -389,000 | 10,000 | 201,000 | -330,000 | 5,000 | -16,000 | 74,000 | -289,000 | -888,000 | -752,000 | -914,000 | -810,000 | -863,000 | -1,273,000 |
| Stock | -330,000 | 583,000 | -203,000 | -206,000 | -136,000 | 562,000 | -117,000 | 446,000 | 309,000 | -133,000 | -36,000 | 17,000 | -11,000 | 873,000 |
| Debtors | -2,677,000 | 8,412,000 | -2,969,000 | 8,836,000 | 4,140,000 | 7,036,000 | 10,543,000 | -37,168,000 | 10,211,000 | 5,600,000 | 7,016,000 | 4,482,000 | 2,795,000 | 64,588,000 |
| Creditors | 1,172,000 | 852,000 | -601,000 | 5,366,000 | -425,000 | 425,000 | 47,000 | -249,000 | -60,000 | 104,000 | 114,000 | 106,000 | -71,000 | 393,000 |
| Accruals and Deferred Income | 273,000 | 1,844,000 | -1,865,000 | -4,730,000 | 793,000 | 553,000 | -420,000 | 1,381,000 | 69,000 | -23,000 | 605,000 | -200,000 | 653,000 | 3,881,000 |
| Deferred Taxes & Provisions | 311,000 | 0 | -134,000 | 134,000 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash flow from operations | 7,229,000 | 4,123,000 | 1,575,000 | -3,498,000 | 638,000 | -261,000 | -7,771,000 | 39,839,000 | -6,089,000 | -2,292,000 | -2,409,000 | -1,608,000 | 501,000 | -56,092,000 |
| Investing Activities | ||||||||||||||
| capital expenditure | ||||||||||||||
| Change in Investments | -103,000 | 36,000 | 67,000 | -192,000 | 192,000 | 0 | 0 | 12,214,000 | 0 | 0 | 0 | 0 | 0 | 0 |
| cash flow from investments | ||||||||||||||
| Financing Activities | ||||||||||||||
| Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Group/Directors Accounts | 1,281,000 | 2,003,000 | -31,000 | 4,397,000 | 1,355,000 | 1,748,000 | 8,805,000 | -41,832,000 | 6,100,000 | 2,776,000 | 2,579,000 | 2,646,000 | 543,000 | 44,071,000 |
| Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long term loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Hire Purchase and Lease Commitments | -2,198,000 | -1,035,000 | -144,000 | 287,000 | -253,000 | 314,000 | 9,000 | 1,665,000 | 765,000 | 543,000 | 933,000 | 64,000 | 0 | 0 |
| other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| share issue | ||||||||||||||
| interest | -49,000 | -46,000 | -76,000 | -74,000 | -77,000 | -246,000 | -235,000 | -217,000 | -170,000 | -57,000 | -37,000 | 0 | 0 | 0 |
| cash flow from financing | -966,000 | 923,000 | -251,000 | 4,593,000 | 1,025,000 | 1,816,000 | 8,579,000 | -17,361,000 | 6,695,000 | 15,476,000 | 3,475,000 | 2,710,000 | 543,000 | 61,342,000 |
| cash and cash equivalents | ||||||||||||||
| cash | 219,000 | 0 | -50,000 | -40,000 | -8,000 | -19,000 | 32,000 | 78,000 | 10,000 | -9,000 | -28,000 | 13,000 | -9,000 | 42,000 |
| overdraft | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| change in cash | 219,000 | 0 | -50,000 | -40,000 | -8,000 | -19,000 | 32,000 | 78,000 | 10,000 | -9,000 | -28,000 | 13,000 | -9,000 | 42,000 |
P&L
December 2022turnover
38.4m
+3%
operating profit
523k
-94%
gross margin
73.4%
+1.7%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2022net assets
65.6m
0%
total assets
106.4m
+0.01%
cash
221k
+109.5%
net assets
Total assets minus all liabilities
upperbay limited company details
company number
03817280
Type
Private limited with Share Capital
industry
55300 - Camping grounds, recreational vehicle parks and trailer parks
incorporation date
July 1999
age
25
accounts
Full Accounts
ultimate parent company
previous names
N/A
incorporated
UK
address
2nd floor one gosforth park way, gosforth business park, newcastle upon tyne, NE12 8ET
last accounts submitted
December 2022
upperbay limited Charges & Mortgages
A charge, or mortgage, refers to the rights a company gives to a lender in return for a loan, often in the form of security given over business assets.
We found 13 charges/mortgages relating to upperbay limited. Currently there are 2 open charges and 11 have been satisfied in the past.
upperbay limited Companies House Filings - See Documents
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